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Canola exports slow down in latest weekly report

CNS Canada — Weekly Canadian canola exports were down during the week ended Sunday, hitting their lowest level since September 2017, according to the latest Canadian Grain Commission data. Canada exported only 129,000 tonnes of canola during the latest reporting period, which compares with the previous five-week average of 194,800 tonnes. Total canola exports during […] Read more

North American Grains/Oilseed Review – Canola Rises With Technical Support

By Dave Sims, Commodity News Service Canada Winnipeg, February 23 (CNS Canada) – The ICE Futures Canada canola complex finished the week on a high note. Futures eked out small gains on the back of higher vegetable oil prices and trader positioning ahead of the weekend. The most-active May contract enjoyed some technical support at […] Read more


ICE Canola Firms with Veg Oil

By Dave Sims, Commodity News Service Canada WINNIPEG, February 23 (CNS) – Canola contracts on the ICE Futures Canada platform were slightly higher on Friday, taking strength from gains in vegetable oil markets. Technical buying was a feature of the day. Excess rain in Brazil and dry soil conditions in Argentina lent support to values. […] Read more

Global Markets: Royal Bank reaps strong profit

By Commodity News Service Canada WINNIPEG, Feb. 23, 2018 – General Mills Inc. is getting into the pet food business. The maker of Cheerios is buying Blue Buffalo Pet Products Inc. in a deal worth US$8 billion. Last year Blue Buffalo earned more than US$1 billion in annual sales. Royal Bank of Canada earned a […] Read more


Canadian Dollar and Business Outlook

By Commodity News Service Canada WINNIPEG, MB, Feb. 23, 2018 (CNS Canada) – The Canadian dollar was higher Friday morning, taking support from the stock market. At 8:59 CST Friday morning the Canadian dollar was at US$0.7880 or C$1.2692, which compares with Thursday’s North American close of US$0.7868 or C$1.2709. Oil prices slipped Friday as […] Read more

ICE canola holding onto small gains Friday morning

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Feb. 23 (CNS Canada) – ICE Futures Canada canola contracts were stronger Friday morning, as supportive technical signals kept speculators on the buy side ahead of the weekend. Gains in Chicago Board of Trade soyoil and recent weakness in the Canadian dollar added to the firmer tone […] Read more





corn harvest

U.S. grains: Soy, corn futures about flat

Chicago | Reuters — U.S. grain and soy futures were about flat on Thursday in largely technical-driven trading as investors awaited supply and demand estimates from an annual U.S. Department of Agriculture forum due early on Friday. USDA on Thursday predicted U.S. plantings of corn and soybeans at 90 million acres each and wheat slightly […] Read more

cattle

U.S. livestock: CME live cattle extend losses

Chicago | Reuters — Chicago Mercantile Exchange live cattle on Thursday lost ground for a second day in a row, weighed down by lower cash prices and an increased supply outlook, traders said. They said sell stops and fund liquidation contributed to market declines. Some investors adjusted positions before the U.S. Department of Agriculture (USDA) […] Read more